Roots Automation

Join us for a live roundtable discussion for practical guidance on successfully implementing AI-powered document processing across core insurance operations. The panel for the discussion will include: - Alex Taylor. Global Head of Emerging Technology, QBE Ventures - Anand Rao, Distinguished Service Professor of Applied Data Science & AI, Carnegie Mellon University - Ratish Dalvi, VP of AI & Machine Learning, Roots Automation The live, virtual discussion will take place on 14 August at 4pm (EDT). Register today!

Did you know premium leakage costs insurers $0.08 per dollar of revenue, while claims leakage accounts for $0.06 per dollar paid?     Discover how AI-powered document processing can mitigate these losses. Join our live webinar on August 14 to learn how from industry leaders. Click here to register: https://lnkd.in/eWDF8ZJx #GenAI #InsuranceDocumentAI #Underwriting #Claims #Insurance   

Automated document processing has the power to revolutionize #insurance underwriting and claims operations, boosting accuracy to 99% and efficiency by more than 60%. Senior underwriting and claims leaders, CIOs and CTOs have myriad options to compare against AI-powered solutions – RPA, BPO, etc.   Selecting the best option for your business’s needs is a critical call with lasting implications.  To simplify this decision, we’ve published “The Buyer’s Guide to AI-Powered Document Processing in Underwriting and Claims,” a brief, authoritative handbook outlining insurance decision data challenges and the options for processing the zettabytes of data confronting insurers today.  https://lnkd.in/efSRwX_r

Is your organization ready to move on from legacy tech document processing solutions with long time-to-value and poor ROI?       Tune in at 4:00 PM on Wednesday, August 14, for “Harnessing AI Document Processing Across Underwriting & Claims,” Join Alex Taylor, Global Head of Emerging Technology at QBE Ventures, Anand Rao, PhD, MBA, Distinguished Service Professor of Applied Data Science and AI at Carnegie Mellon University and Ratish Dalvi, Roots Automation’s Head of AI for an expert’s roundtable discussion maximizing AI value in underwriting and claims.      During this live, hour-long session, the panel will deliver guidance and insights to:   *Overcome data challenges leading to underwriting losses and claims overpayment.   *Effectively leverage AI-powered document processing tools to augment human expertise and accelerate underwriting and claims operations.   *Prepare your operations for success with AI-powered underwriting and claims.     Click now to register: https://lnkd.in/eWDF8ZJx #GenAI #InsuranceDocumentAI #Underwriting #Claims #Insurance   

“From emails to loss run reports, around 80% of all commercial underwriting data is unstructured, typically requiring some sort of natural language to understand, act on it, or do something with it.    And as a result, underwriters spend around 40% of their time on tasks such as reading emails, documents, summarizing communications, manually processing data into systems, creating huge inefficiencies and capacity crunch points across the entire operation.”    In the clip below, Roots Automation’s Chris Gayner sets the scene for our most recent roundtable discussion on the topic of “Unlocking Value with AI-Powered Underwriting.”      And if you’re one of the 80-90% of insurers who haven’t actually moved the AI test out of the lab and into production, you’ll want to watch the full on-demand webinar: https://lnkd.in/eAsY8mRS #AI #InsuranceDocumentAI #Underwriting #Insurance  

Somewhere amid the immense quantities of incomplete loss run statements and blurry demand letter faxes is information critical to writing policies faster or processing a claim more accurately. Modern insurance businesses have more than enough data at their command. What’s missing is their ability to extract and analyze more of the valuable information that’s locked inside. Register now for a webinar, “Harnessing AI Document Processing Across Underwriting & Claims,” on Wednesday, August 14 at 4:00 PM (EDT). In this hour-long live session, a panel of experienced insurance technology leaders, researchers and AI/ML innovators will deliver insights and invaluable takeaways, including: *Ways to overcome decision data challenges that lead to underwriting losses and claims overpayment. *Best practices for leveraging AI for augmenting human expertise to accelerate underwriting and claims operations. *What successful insurers today are doing to significantly reduce time to value and increase return on their investment in AI. Whether you’re evaluating AI document processing solutions or looking to refine how your business uses AI, you will not want to miss this informative session. Click to learn more: https://lnkd.in/etQsZ_zx #GenAI #InsuranceDocumentAI #Underwriting #Claims #Insurance 

Unlike past breakthroughs that have merged into the insurance mainstream, AI’s potential “black box” complexities necessitate vertical solutions built on a deep understanding of our industry’s unique challenges—especially those related to unstructured data. In the short clip below, Roots Automation’s John Cottongim, Liberty Mutual Insurance's Jennifer Krawec and Bain & Company's Sean O'Neill outline key considerations when embarking on a path toward “Unlocking Value with AI-Powered Underwriting.” Click to view this illuminating panel discussion in full on-demand: https://lnkd.in/eAsY8mRS

Every piece of information your underwriting and claims operations cannot unlock from their unstructured data represents a lost opportunity to generate value and improve customer experiences. Right now, hundreds of insurers are working faster, smarter and more efficiently using AI-powered document processing to mitigate premium leakage and claims overpayment. Don’t lose ground to the competition. Register for “Harnessing AI Document Processing Across Underwriting & Claims,” a live webinar, on Aug 14 at 4:00 pm (EDT). Join a team of seasoned technological change leaders, researchers and engineers from QBE Insurance, Carnegie Mellon University and Roots Automation as they explore vital use cases, implementation tactics, ROI optimization strategies and other critical information for your organization’s leap into Generative AI document processing. Click now to save your place. https://lnkd.in/etQsZ_zx #GenAI #InsuranceDocumentAI #Underwriting #Claims #Insurance 

Spot on!

The best solution to insurance’s unstructured document challenges starts with systems designed by insurance experts for insurance experts. In the clip below from the latest Roots Webinar, “Unlocking Value with AI-Powered Underwriting,” Roots Automation Co-founder & CTO, John Cottongim, demonstrates what such an Insurance Document AI solution looks like in action, and how these systems can yield significantly more information – and value – from unstructured data. View this informative session in its entirety on-demand for use cases and expert insights from industry insiders, Jennifer Krawec, Head of Global Risk Solutions Incubation at Liberty Mutual Insurance and Sean O'Neill, Senior Partner at Bain & Company. Click to learn more: https://lnkd.in/gvBa7Y3p #InsuranceDocumentAI #Underwriting #Insurance #Insurtech #AIForInsurance